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Once again stoke inflation. Governments are seeking alternatives, while still trying to balance the short term need for oil. The alternatives could also help tackle Climate Change and keep global temperature rises to 1. 5 above pre industrial levels. Just last week, the International Energy agency renewed its assertion that no new gas and oil projects were needed if the world was to meet that goal. Opecs Secretary General told my colleague, sally bundock, that the group doesnt agree. We have always, at opec, talked about the concern we have for future under investments, as some have called for stopping investment in oil. We believe this is equally dangerous. This will lead to volatility in the future, possibly supply shortages. And therefore, we at opec have always advocated for the importance of continuing to invest in the oil industry, as we also invest in decarbonising the industry and move on to adding other forms of alternative energy, such as renewables. From our perspective in o

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